Europe Phase Change Materials Market (2025-2030)
The Europe Phase Change Materials Market was valued at $66.74 Million in 2025 and projected to reach to $136.69 Million by 2030, representing a compound annual growth rate of 15.42%. Europe's Phase Change Materials market is positioned for sustained expansion driven by regulatory mandates for energy efficiency and growing awareness of sustainable thermal solutions.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Europe Phase Change Materials Market Trends and Insights
- This growth trajectory reflects Rest Of Europe's increasing adoption of thermal management solutions across building, industrial, and consumer applications.
- Rest Of Europe is capitalizing on stringent energy efficiency regulations and rising demand for sustainable temperature control technologies that align with regional climate commitments. The Rest Of Europe market demonstrates strong momentum driven by innovation in latent heat storage systems and expanding applications in HVAC, refrigeration, and textile sectors.
- Rest Of Europe's manufacturing base and research institutions are fostering development of advanced PCM formulations tailored to regional climate conditions.
- Between 2025 and 2030, Rest Of Europe is expected to see accelerated market penetration as construction standards tighten and industrial sectors prioritize energy optimization..
Key Market Statistics
- CAGR (2025-2030) 15.42% CAGR
- Market Size, 2025 ~USD 66.74 Million
- Forecast, 2030 ~USD 136.69 Million
- Geography Europe
Europe Phase Change Materials Market Overview
Market Valuation & Growth :
Europe's Phase Change Materials market is valued at $66.74 million in 2025, with a robust CAGR of 15.42%, projected to reach $136.69 million by 2030, demonstrating strong regional demand.
Energy Efficiency Regulations :
Stringent EU energy efficiency directives and building performance standards are driving adoption of thermal management solutions across residential, commercial, and industrial sectors throughout Europe.
Thermal Management Applications :
European industries are increasingly leveraging PCM technology for building climate control, industrial process optimization, and consumer electronics cooling, reflecting diversified market applications.
Regional Market Leaders :
Germany leads European adoption with $317.93 million market size, followed by the UK ($185.07 million) and France ($103.71 million), establishing Europe as a significant global PCM hub.
Europe Phase Change Materials Market Dynamics
- The region's advanced manufacturing capabilities and strong R&D infrastructure support innovation in PCM applications across building, industrial, and consumer sectors.
- With a CAGR of 15.42% through 2030, Europe demonstrates commitment to decarbonization and circular economy principles.
- Key growth catalysts include retrofitting existing buildings, expanding data center infrastructure, and integrating PCM into next-generation HVAC systems.
- The competitive landscape features both established chemical manufacturers and emerging specialized PCM producers..
Related Ecosystem
Foam And Insulation
- Fiberglass
- Acoustic Insulation
- Elastomeric Foam
- HVAC System
- Flexible Foam
- Basf se
- Saint-gobain
- ARMACELL INTERNATIONAL
- THE WOODBRIDGE GROUP
- Sekisui Chemical Co., Ltd.
Renewable Energy Material
- HVAC System
- Actuators
- Aramid Fiber
- Electrical Insulation
- Electrochemical BioSensor
- Basf se
- Evonik industries ag
- Borealis ag
- Wacker chemie ag
- Henkel ag and co. kgaa
Resins And Polymers
- Polycarbonate
- Acrylonitrile Butadiene Styrene (ABS)
- Epoxy Resin
- Light Commercial Vehicles (LCVs)
- Polypropylene (PP)
- Basf se
- DOW CHEMICAL COMPANY
- Solvay sa
- Saudi arabia basic industries corporation (sabic)
- DuPont de Nemours, Inc.
Key Takeaways
- Rest Of Europe's Phase Change Materials market will more than double from $66.74M (2025) to $136.69M (2030), representing a 15.42% CAGR.
- Rest Of Europe is driving adoption through regulatory compliance with EU energy efficiency directives and green building certifications.
- Rest Of Europe's market growth is supported by expanding applications in thermal energy storage, building envelopes, and industrial heat recovery systems.
- Rest Of Europe's competitive landscape includes both established chemical manufacturers and emerging PCM specialists targeting regional sustainability goals.
Phase Change Materials Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2025 |
| Fastest Growing Segment | COLD CHAIN & PACKAGING (Application) |
| Forecast Period | 2025–2030 |
| Growth Rate | CAGR of 17.58% from 2025 to 2030 |
| Largest Segment | ORGANIC PCM (Type) |
| Market Size Base Year (Billions) | ~USD 0.73 (2025) |
| Revenue Forecast (Billions) | ~USD 1.64 (2030) |
| Segments Covered | Type, Application |
Europe Phase Change Materials Market Report Segmentation
2 segment dimensions are covered across the global market.
By Type
- Eutectic Pcm
- Inorganic Pcm
- Organic Pcm
By Application
- Building & Construction
- Cold Chain & Packaging
- Electronics
- Hvac
- Other Applications
- Refrigeration & Equipment
- Textiles
- Thermal Energy Storage
Target Audience
- Chemical & Material Manufacturers : Identify expansion opportunities in Europe's growing PCM market, benchmark production capabilities against regional competitors, and develop localized product portfolios.
- Building & Construction Companies : Understand thermal management solution adoption trends to integrate PCM technology into energy-efficient building designs and meet EU regulatory requirements.
- Industrial & HVAC Equipment Suppliers : Assess market demand for PCM-integrated thermal systems across European industrial and commercial sectors to drive innovation and competitive positioning.
- Investment & Private Equity Firms : Evaluate market growth potential, regional consolidation opportunities, and investment returns in Europe's expanding Phase Change Materials sector.
- Energy & Sustainability Consultants : Provide clients with data-driven insights on PCM adoption trends, regulatory drivers, and thermal management solutions aligned with European decarbonization goals.
Key Companies in the Europe Phase Change Materials Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| BASF SE | Germany | Public Company | Chemicals (petrochemicals and intermediates),Materials (isocyanates, polyamides, plastics specialties),Industrial Solutions (dispersions, resins, additives, catalysts), |
| ROYAL DUTCH SHELL PLC | United Kingdom | Public Company | Integrated Gas (including LNG and GTL),Upstream (oil, gas, NGLs),Marketing (mobility, lubricants, commercial fuels, EV charging), |
| SHELL PLC | United Kingdom | Public Company | Integrated Gas (incl. LNG and GTL),Upstream (oil, gas, NGLs),Marketing (mobility, lubricants, commercial fuels), |
| HONEYWELL INTERNATIONAL INC. | United States | Public Company | Industrial Automation,Building Automation,Energy and Sustainability Solutions (UOP and related), |
| DUPONT DE NEMOURS, INC. | United States | Public Company | Healthcare & Water Technologies,Construction Materials (TYVEK, STYROFOAM, CORIAN),Engineered Components & Specialty Materials, |
| CRODA INTERNATIONAL PLC. | United Kingdom | Public Company | Consumer Care (beauty care, actives, home care, fragrances & flavours),Life Sciences (biologics delivery, crop protection, seed coating & enhancement),Industrial Specialties (phase change materials, surfactants, textile & spin finishes), |
| BOYD CORPORATION | Canada | Public Company | Collision repair centers,Retail auto glass services,Claims administration and roadside/ancillary services, |
| SASOL LIMITED | South Africa | Public Company | Transport fuels (petrol, diesel, jet, burner fuels, illuminating paraffin),Natural gas, methane-rich gas, LPG, and industrial heating fuels,Base and performance chemicals for industrial, mining, paper, water, textile, and leather, |
BASF SE
BASF SE is a German public company founded in 1865 with 106,428 employees. It is one of the world's largest chemical manufacturers.
ROYAL DUTCH SHELL PLC
Royal Dutch Shell PLC is a United Kingdom-based public company founded in 1897 with 84,000 employees. It operates as a major international oil and gas company.
SHELL PLC
Shell PLC is a United Kingdom-based public company founded in 1897 with 84,000 employees. It operates as a major international oil and gas company.
HONEYWELL INTERNATIONAL INC.
Honeywell International Inc. is a United States-based public company founded in 1885 with 101,000 employees. It is a diversified technology and manufacturing conglomerate.
DUPONT DE NEMOURS, INC.
DuPont de Nemours, Inc. is a United States-based public company founded in 2015 with 15,000 employees. It operates as a specialty chemicals and materials manufacturer.
CRODA INTERNATIONAL PLC.
Croda International PLC is a United Kingdom-based public company founded in 1925 with 5,954 employees. It specializes in specialty chemicals and ingredients.
BOYD CORPORATION
Boyd Corporation is a Canada-based public company founded in 1990 with 13,424 employees.
SASOL LIMITED
Sasol Limited is a South Africa-based public company founded in 1950 with 27,107 employees. It operates in energy and chemicals production.
Countries within Europe - compare and drill down
| Country | 2025 size (native) |
|---|---|
| Germany | USD 317.93 Million |
| France | USD 103.71 Million |
| UK | USD 185.07 Million |
| Netherlands | USD 23.87 Million |
| Italy | USD 72.39 Million |
| Spain | USD 1.4 Million |
| Rest Of Europe | USD 209.51 Million |
Country market size visualization
Reasons to Buy this Report
- Country-Level Market Intelligence : Access detailed market sizing for Germany, UK, France, Italy, Netherlands, Spain, and Rest of Europe to identify high-potential markets and regional investment opportunities.
- Regulatory & Compliance Insights : Understand how EU energy efficiency directives and building performance standards shape PCM adoption across different European markets and sectors.
- Competitive Landscape Analysis : Benchmark against regional leaders and identify market gaps in Germany, UK, and France to develop targeted go-to-market strategies for European expansion.
- Application-Specific Demand Trends : Analyze PCM adoption patterns across building, industrial, and consumer applications specific to European market dynamics and customer preferences.
- Growth Forecasting & Strategic Planning : Leverage 2025-2030 projections and 15.42% CAGR data to inform product development, capacity planning, and market entry strategies for European operations.
Frequently asked questions
What is the current market size of Phase Change Materials in Rest Of Europe?
Rest Of Europe's Phase Change Materials market is valued at $66.74 million in 2025 and is projected to grow to $136.69 million by 2030.
What is the expected growth rate for Rest Of Europe's PCM market?
Rest Of Europe's Phase Change Materials market is expected to grow at a compound annual growth rate (CAGR) of 15.42% from 2025 to 2030.
Which industries are driving demand for PCMs in Rest Of Europe?
Rest Of Europe's PCM demand is driven by building and construction, HVAC systems, refrigeration, thermal energy storage, and textile applications seeking energy efficiency improvements.
What regulatory factors support PCM adoption in Rest Of Europe?
Rest Of Europe benefits from stringent EU energy efficiency directives, green building standards, and climate commitments that incentivize thermal management solutions.
How is Rest Of Europe positioned in the global PCM market?
Rest Of Europe represents a significant regional market within Europe, with strong growth potential driven by industrial modernization and sustainability initiatives aligned with broader European climate goals.
RESEARCH METHODOLOGY
The study involved four major activities in estimating the size of the phase change materials market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to complete the overall market size estimation process. After that, the market breakdown and data triangulation procedures were used to estimate the market size of the segments and subsegments.
Secondary Research
Secondary sources used in this study included annual reports, press releases, and investor presentations of companies; white papers; certified publications; articles from recognized authors; and gold-standard and silver-standard websites, such as Factiva, ICIS, Bloomberg, and others. The findings of this study were verified through primary research, which involved conducting extensive interviews with key officials, including CEOs, VPs, directors, and other executives. The breakdown of profiles of the primary interviewees is illustrated in the figure below:
Primary Research
The phase change materials market comprises several stakeholders, such as raw material suppliers, end-product manufacturers, and regulatory organizations in the supply chain. Primary research from the demand side includes key opinion leaders in various end-use industries of phase change materials. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information.
Notes: Tier 1, Tier 2, and Tier 3 companies are classified based on their market revenue in 2023/2024 available
in the public domain, product portfolios, and geographical presence.
Other designations include consultants and sales, marketing, and procurement managers.
To know about the assumptions considered for the study, download the pdf brochure
|
COMPANY NAME |
DESIGNATION |
|
Honeywell International Inc. |
Senior Manager |
|
Croda International Plc |
Innovation Manager |
|
Microtek Laboratories Inc. |
Vice President |
|
Sasol Limited |
Production Supervisor |
|
PureTemp LLC |
Sales Manager |
Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the total size of the phase change materials market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
- The key players in the industry have been identified through extensive secondary research.
- The supply chain of the industry has been determined through primary and secondary research.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
- All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
Phase Change Materials Market : Top-Down and Bottom-Up Approach
Data Triangulation
After determining the overall market size using the market size estimation processes explained above, the market was divided into several segments and subsegments. To complete the overall market engineering process and determine the exact statistics for each market segment and subsegment, data triangulation and market breakdown procedures were employed, as applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the phase change materials industry.
Market Definition
According to the Phase Change Material Industry Association (PCMIA), “Phase change materials are compounds that absorb, store, and release a large amount of heat at a relatively constant temperature by changing their physical state. When a phase change material freezes, it releases a large amount of energy as latent heat, whereas when such material melts, it absorbs a large amount of heat from the environment.” Heat stored in the materials is called latent heat, due to which, phase change materials are also known as latent heat storage materials. Phase change materials absorb and release heat by liquefying and solidifying at set temperatures. The natural latent heat property of phase change materials helps maintain a structure’s temperature and prevent sudden external changes. Fluctuations in ambient temperature recharge advanced phase change materials, making them suitable for everyday applications.
Stakeholders
- Phase change material manufacturers
- Phase change material distributors
- Raw material suppliers
- Government and research organizations
- Investment banks and private equity firms
Report Objectives
- To analyze and forecast the size of the global phase change materials market in terms of value and volume
- To provide detailed information about the important drivers, restraints, challenges, and opportunities influencing the market growth
- To define, describe, and segment the market based on type, application, and region
- To forecast the size of the market segments based on regions such as Asia Pacific, North America, Europe, and the Rest of the World
- To strategically analyze the segmented markets with respect to individual growth trends, prospects, and contributions to the overall market
- To identify and analyze opportunities for stakeholders in the market
- To analyze competitive developments such as expansions, partnerships & collaborations, mergers & acquisitions, agreements, and product launches in the market
- To strategically profile the key companies and comprehensively analyze their core competencies
Available Customizations
Along with the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional Analysis
- Further breakdown of a region with respect to a particular country or additional application
Company Information
- Detailed analysis and profiles of additional market players (up to five)
Get the Full Phase Change Materials Market Report
Full forecast, segment splits, and company analysis for all Phase Change Materials Market.
- China Phase Change Materials Market
- India Phase Change Materials Market
- Australia Phase Change Materials Market
- Singapore Phase Change Materials Market
- Germany Phase Change Materials Market
- France Phase Change Materials Market
- UK Phase Change Materials Market
- Netherlands Phase Change Materials Market
- US Phase Change Materials Market
- Rest Of North America Phase Change Materials Market
- Rest Of Europe Phase Change Materials Market
- Italy Phase Change Materials Market
- Spain Phase Change Materials Market
- Rest Of Asia Pacific Phase Change Materials Market
- Canada Phase Change Materials Market
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